weekly chart is showing usdcad in a bullish flag pattern. daily chart shows that usdcad entered an ascending channel which broke out and retested the trendline. however enter at your own risk as NFP is due on a Friday so anything can happen.
Bitcoin made a nice impulse up since last analysis and is currently drawing in an ascending triangle (bullish pattern) Eventhough an ascending triangle is a bullish pattern we always need to take a break-down into account. scenario 1: break up from ascending triangle - long on the break up - target 12845 scenario 2: break down from ascending triangle -long the...
There is an ascending triangle on 1H Bitcoin chart. So I'm waiting a bullish movement until 8300's.
ASCENDING SCALLOP PATTERN
The price retested the resistance and bounce back again, so we are expecting the price to break downwards the ascending wedge. We should wait until the price closes below the support zone in order to confirm the change of trend Comment your opinions below!
How valid could this be? Does it make sense structurally?
- Price contraction after bullish impulse up forming. Large move will take place on confirmation to up or down. Here are the simple measured moves for each. Not financial advice just my own charting opions for entertainment only.
Hello Friends, Not much to say here, looks like the ascending ABCDE channel is yet to hit it's mark. The Bill Williams Fractal says no buy yet on the daily however the weekly chart is beginning to form a inverted hammer candle as is the RSI nearing oversold. I would wait a bit longer before buying into this ALT and see where it will head in the following days....
COINBASE:BTCUSD Disclaimer: This is my first published chart. I am mostly posting this as a test and for posterity sake. Hope it helps some and some enjoy all my line clutter. I find sense and confidence with this graph. Historical resistance seems about to be tested and has a high probability of being rejected towards previous ascending trend line before...
Here on the monthly time frame price is creating a squeeze an ascending wedge. Inside this wedge we have another ascending wedge forming on the daily time which is marked by the blue trend lines. I have also marked out monthly zones and we are nearing an area with a lot of sell sensitivity. The arrows also show where price has touched the trend line. I am...
looks like an ascending triangle is forming on IOTX/BTC. a convincing break above ~345 would be very bullish
DAMN WHALES - OR LEARN HOW TO SWIM WITH THE WALES 3 times in a ROW we go FXXXXX by the whales. 3 Stop Hunts. Clever moves - and that is why I told you to STAY OUT of the market, and the only good solution is, what I told you to do. To accumulate Bitcoins further down. For those of you who don't know what I'm talking about, and don't know what STOP HUNTING is,...
BTC has established a very nice ascending triangle. The question is whether it is breaking out now? Will it touch point E first? Or will it do some kind of Market Voodoo move and head fake both the bulls and the bears before deciding which direction to take? Place your bets and take your chances! Personally, I would like to see prices at least touch point E...
My motto is "keep it simple"! What do you see when you look at the chart? You can see that the price get rejected from the purple horizontal line (resistance) and its trading within a ascending triangle. This is a bullish sign, as it shows that the bulls are still in the market, however, there could be easily done some manipulation and long squeeze. Its very...
getting exciting here in bitcoin world as the 1 day ascending triangle pattern continues to play out and keeps sharpening the trajectory of the 1 day 50ma thus moving the goldencross date ahead...as log as we go sideways for the next few days or further upwards we should see the goldencross by april 23rd. My guess is it will coincide with a break upward from the...
The NASDAQ is in a huge 'Ascending Wedge' similar to the one back in OCT 2018 You can see the RSI is capped in a negative trend, similar to Oct 2018 FIB retracement is suggesting 7300 for a target area Also a TRIPLE TOP on the daily candles. Stop loss above the resistance level of 7700.
If the bearish cross happen, there's a high probability that we test it, if we bounce up of it I plotted the continuation of the green ma to get an eventual support. In the end it could lead us into a bull-flag formation. By the way it's interesting to see the exhaustion at the top of the triangle right now.